Wednesday, December 8, 2010

Bursa Securities queries Key West

KUALA LUMPUR: Bursa Malaysia Securities Bhd has queried KEY WEST GLOBAL TELECOMM []unications Bhd on Wednesday, Dec 8 over the unusual market activity (UMA) in the trading of its shares.

Bursa Securities had queried Key West over the sharp fall in price and volume in the shares recently.

It said in accordance with the corporate disclosure policy on response to UMA, the company had to provide Bursa Securities with an announcement for public release after making due enquiry with the directors and major shareholders seeking the cause of the UMA in the company's shares.

At 11.02am, Key West was up half a sen to 8 sen with 3.28 million shares done.


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